Seller Financing
Address
101 N 12th Street, Midlothian, TX
Price
$ 600,000
Property Attributes
  • MLS#20551437
  • TypeMulti-Family
  • CountyELLIS
  • CityMidlothian
  • NeighborhoodHawkins-Rev
  • Zip76065
  • StyleMultiple Single Units
  • Year Built1963
  • Taxes$ 12108
  • Price$ 600,000
  • Bedrooms8
  • Full Bathrooms8
  • Half Bathrooms0
  • Lot Size0.126 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Discover the potential of this 8-unit property situated in a prime location across from Founder's Row and only a few blocks to Downtown Midlothian. Boasting a mix of two efficient and six 1-bedroom, 1-bath units, this investment offers a diverse range of living spaces to cater to various tenant needs. 10 Dedicated Parking Spaces. This is an exceptional opportunity for investors seeking a solid income-generating property in a high-demand location. Don't miss the chance to capitalize on this prime real estate investment.

Elementary School
Irvin Elementary School
Price History
3/7/2024 Listed $600,000

General Features

Heating Other
Complex Name N/A
Cooling Window Unit(s)
Utilities City Sewer,City Water
Possession Closing/Funding
Roof Composition
Appliances Other
School District Midlothian ISD
Capitalization Rate 6.68
Year Built 1963
Tenancy Month to Month
Levels One
Unexempt Taxes 12108
Will Subdivide No
Gross Annual Expenses 22932.00
Property SubType Multiple Single Units
Subdivision Name Hawkins-Rev
Insurance Expense 3500
Occupant Type Tenant
County Ellis
Operating Expense Includes Insurance,Trash,Water/Sewer,Other
Property Type Residential Income
Construction Materials Brick
Year Built Details Preowned
HOA Type None
# of Buildings 1
Status Active
Directions Take Business 287-Main St then turn onto N 12th St,property is at corner of 12th and E Ave G,across from Founders Row.
City Midlothian
Buyer Agent Compensation 3
Elementary School Name Irvin
High School Midlothian
Street Name 12th
Elementary School Irvin
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20551437
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Interior Features Built-in Features
Flooring Linoleum,Other
Total Units 8
Unit Count 2
Full Baths 8
Lock Box Type None
Street Suffix Street
Total Bedrooms 8

Exterior Features

Lot Size Source Assessor
Parking Features On Site
Foundation Slab
Lot Size Area 0.1260
Number Of Parking Spaces 10
Lot Size Units Acres
Building Area Total 3570.00
Lot Size Square Feet 5488.5600
Lot Size Acres 0.1260

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 76065

Price
AVG $600K
$600K
Taxes
AVG $12,108
$12,108
Visits
AVG 86
89
Data Provided by Inside Real Estate®
Year Built
AVG 1963
1963

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